Population 3,579 · Census ACS 2020–24
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Population and households in ZIP 47305
Household size in ZIP 47305
| Period | ZIP 47305 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1.98 | 2.57 | 2.68 |
| 2010–14 | 2.17 | 2.59 | 2.73 |
| 2015–19 | 1.90 | 2.57 | 2.71 |
| 2020–24 | 1.80 | 2.54 | 2.65 |
| Change | −0.18 | −0.03 | −0.03 |
ZIP 47305 is a place of small households, averaging 1.80 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has dropped from 1.98, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 47305
| Period | ZIP 47305 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 38.5 | 37.5 | 37.7 |
| 2010–14 | 34.8 | 38.4 | 38.6 |
| 2015–19 | 41.0 | 39.1 | 39.6 |
| 2020–24 | 42.9 | 39.3 | 40.1 |
| Change | +4.4 | +1.7 | +2.3 |
ZIP 47305 skews older than the country: its median age is 42.9, against 40.1 nationally.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 47305
| Period | ZIP 47305 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 10.8% | 11.8% | 12.3% |
| 2010–14 | 15.5% | 12.0% | 12.3% |
| 2015–19 | 13.1% | 11.6% | 11.6% |
| 2020–24 | 10.3% | 11.7% | 11.6% |
| Change | −0.5 pts | −0.1 pts | −0.6 pts |
Single-parent households are a bit less common in ZIP 47305 than nationally: 10.3%, against 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 47305
Renters in ZIP 47305
| Period | ZIP 47305 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 73.0% | 28.5% | 33.3% |
| 2010–14 | 66.1% | 30.5% | 35.6% |
| 2015–19 | 62.4% | 30.9% | 36.0% |
| 2020–24 | 66.0% | 29.4% | 34.8% |
| Change | −7.0 pts | +1.0 pts | +1.5 pts |
Most households in ZIP 47305 rent: 66.0% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. Among homeowners, 70.9% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 47305
| Period | ZIP 47305 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 29.7% | 11.2% | 11.4% |
| 2010–14 | 32.9% | 11.2% | 11.4% |
| 2015–19 | 33.2% | 10.9% | 11.1% |
| 2020–24 | 18.2% | 9.3% | 9.6% |
| Change | −11.4 pts | −2.0 pts | −1.8 pts |
Vacancy is high in ZIP 47305: 18.2% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 47305
| Period | ZIP 47305 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1938 | 1972 | 1974 |
| 2010–14 | 1938 | 1973 | 1975 |
| 2015–19 | 1938 | 1974 | 1977 |
| 2020–24 | 1945 | 1977 | 1980 |
| Change | +7 | +5 | +6 |
The housing in ZIP 47305 is old by national standards: the median home dates to 1945, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 47305
| Period | ZIP 47305 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $457 | $763 | $965 |
| 2010–14 | $588 | $819 | $1,040 |
| 2015–19 | $624 | $903 | $1,213 |
| 2020–24 | $793 | $1,146 | $1,571 |
| Change | +$336 | +$384 | +$606 |
The median renter in ZIP 47305 pays $793 a month for rent and utilities, well below the national median of $1,571. Rent takes 32.0% of the typical renter's income, just over the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 47305
Bachelor's degrees in ZIP 47305
| Period | ZIP 47305 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 15.0% | 23.8% | 28.4% |
| 2010–14 | 20.0% | 24.6% | 29.6% |
| 2015–19 | 18.7% | 27.1% | 32.1% |
| 2020–24 | 19.7% | 30.0% | 35.6% |
| Change | +4.7 pts | +6.2 pts | +7.2 pts |
Fewer adults in ZIP 47305 have a four-year degree than in the country as a whole: 19.7%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 47305
| Period | ZIP 47305 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 63.3% | 86.5% | 84.9% |
| 2010–14 | 75.8% | 87.7% | 86.1% |
| 2015–19 | 82.8% | 88.7% | 87.7% |
| 2020–24 | 82.9% | 89.9% | 89.3% |
| Change | +19.6 pts | +3.4 pts | +4.3 pts |
About one in six adults in ZIP 47305 never finished high school, well above the national share: only 82.9% have a diploma or equivalent, against 89.3% nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 47305
| Period | ZIP 47305 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 28.8% | 8.4% | 8.1% |
| 2010–14 | 18.6% | 8.9% | 9.4% |
| 2015–19 | 8.6% | 4.9% | 5.6% |
| 2020–24 | 6.4% | 4.3% | 5.4% |
| Change | −22.4 pts | −4.1 pts | −2.7 pts |
Jobs have been a little harder to find in ZIP 47305 than nationally: unemployment was 6.4%, against 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 47305 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 47305 | 1.80 | 42.9 | 10.3% | 66.0% | 18.2% | 1945 | $793 | 19.7% | 82.9% | 6.4% |
| ZIP 47303 | 2.43 | 32.1 | 19.1% | 44.0% | 13.8% | 1968 | $964 | 28.8% | 89.2% | 9.1% |
| ZIP 47302 | 2.33 | 40.0 | 18.0% | 34.8% | 13.8% | 1958 | $914 | 12.1% | 85.2% | 7.1% |
| ZIP 47304 | 2.13 | 39.2 | 6.6% | 33.5% | 8.6% | 1976 | $1,016 | 46.5% | 94.3% | 3.7% |
| ZIP 47396 | 2.53 | 40.3 | 13.3% | 13.6% | 7.7% | 1972 | $910 | 31.1% | 96.3% | 1.9% |
| ZIP 47383 | 2.26 | 46.2 | 18.5% | 17.5% | 2.0% | 1973 | $911 | 15.7% | 88.9% | 3.1% |
| ZIP 47367 | 2.11 | 47.1 | 7.5% | 5.0% | 5.7% | 1994 | $935 | 25.7% | 79.6% | 4.9% |
| ZIP 47334 | 2.46 | 42.2 | 11.8% | 19.8% | 6.6% | 1967 | $923 | 27.4% | 95.8% | 2.8% |
| ZIP 47368 | 2.49 | 39.7 | 17.8% | 20.4% | 7.9% | 1967 | $812 | 17.3% | 94.8% | 4.7% |
| ZIP 47320 | 2.34 | 46.5 | 12.1% | 14.9% | 14.1% | 1966 | $828 | 17.1% | 94.2% | 1.6% |
| ZIP 47386 | 2.01 | 57.5 | 5.8% | 4.1% | 3.7% | 1974 | $927 | 35.4% | 87.8% | 0.3% |
All figures 2020–24.
Zip codes with similar populations: 36091, AL · 24637, VA · 47944, IN · 54406, WI · 24317, VA · 21140, MD · 18660, PA · 71033, LA · 04856, ME · 63565, MO
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 47305. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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